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Lubov Fominskaja [6]
3 years ago
7

You borrow $3750 to buy new fitness equipment.The simple interest rate is 2%. You pay the loan off after 4 years. What is the to

tal amount you paid for the loan? Item 17 You borrow $3750 to buy new fitness equipment.The simple interest rate is 2%. You pay the loan off after 4 years. What is the total amount you paid for the loan?
Mathematics
1 answer:
Alinara [238K]3 years ago
6 0
Provided the 2% interest rate. The interest itself over a period of 4 years, compounds to $300. Thus, the total interest plus the cost of the fitness equipment would be a total of, $4,050.
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Solución 1: 2(x) + 3(y) = 80
solución 2: 3(x) + 2(y) = 70

3(y) + 2(x) = 80
2(y) + 3(x) = 70

2y = -3x + 70
y = -3x÷2 + 35

2x + 3(-3x÷ 2+35) = 80  
-5x÷2 = -25  
-5x = -50

5x = 50   
x-intercept: 10 
x = 10  
y = -3x÷ 2+35

  y = -(3÷2)(10)+35 = 20 

x-interpcet: 10
y-intercept: 20
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
solución: x - 8y = 0
solución x + 4y = 480

-8y + x = 0
4y + x = 480

x-intercept (solución 2)
x = -4x + 480

x-intercept (solución 1)
4y + 180 - 8y = 0
-12y = 480

y-intercept: 40
x-intercept: 320


Buena Suerte!


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